Monday 24 January 2011

Most Businesses Can Use online reputation management

When companies or persons fall prey to unfair competitors, irate ex-employees or disgruntled people, then a SERM gets to be crucial during the financial survival of the small business.

Firms like SERMs are important in maintaining, and in some cases salvaging and restoring organizations or person's reputation and good identify.




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Making Money in Wotlk

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Tuesday 18 January 2011

Start Making Money


I realize we are not supposed to use “angry” rhetoric these days, but columns like this one in USA Today by Jody Bottum demand an answer.


The title is, “Where are adults in debt ceiling talks?” If there is justice in the world, the only correct answer is, “Getting punched in the face, though metaphorically speaking.”


We can forgive a contributing editor of the Weekly Standard for taking to USA Today to take shots — also metaphorical — at Jim DeMint. After all, the magazine that gave us the ideological underpinnings of the “big government conservative” cannot be expected to really be too dedicated to . . . um . . . smaller government.


But to juxtapose Jim DeMint as a child and Tim Geithner as an adult is a bit much — let alone Geithner as the conservative and DeMint as the radical.




Jim DeMint says it’s not his fault. The GOP senator from South Carolina points out that he didn’t help spend all the nation’s money. Neither did the new congressional Republicans. So why, he asked in a recent interview, should they extend the national debt ceiling to pay for that spending?


. . . .


[I]t’s curious that Geithner sounds like a conservative in all this, while DeMint sounds like a radical.


Here is the problem, which no one wants to discuss. If we are going to keep raising the debt ceiling, why have it at all? We’ve set ourselves up for an elaborate and cynical kabuki dance with a pre-ordained outcome and, ultimately, no incentive to cut spending.


In fact, it is the adults in the room — the ones who supposedly aren’t speaking enough — who have created the problem. I don’t want those people to speak. I want them to shut the heck up.


They’ve driven up debt. They’ve driven up spending. They’d drive up taxes if we let them. And they know, they absolutely know, that they can do it with impunity because high minded pundits will take to the pages of USA Today and call them adult, back them up, and insist on more debt so we can have more spending. Of course most will fail to mention the “more spending” problem.


The arguments we are having now — the sky is falling, the world is ending, we are going to default, the markets will crash, everyone will hate us — are the exact same arguments pushed by the exact same people who advocated TARP.


Many politicians lost their political lives — again, metaphorically speaking — for supporting TARP. The same should happen here.


As Jody Bottum himself notes, the world will not end, the sky will not fall, and the Treasury Secretary can keep paying out money.


Friends, we take in more money each month than we must pay out in interest on the national debt. The only way we will default on our loans if the debt ceiling is not raised is if Barack Obama lets us default.


We should resist all efforts to raise the debt ceiling and should instead start living within our means. Otherwise, let’s scrap the debt ceiling and stop doing the stupid kabuki dance while lighting candles and sacrificing red herrings in the name of some mythical, responsible adults participating in a conversation we wouldn’t even be having if these adults hadn’t been destroying the economic future of this country in the first place.


Maybe heaven is not the only thing requiring the faith of a child.


By the way, it is time we consider making the “Adult Establishment” in Washington as morally objectionable as “adult establishments” already are.



10 Ways to Market Your Awesome Start-Up


For aspiring entrepreneurs, taking a concept from inception to launch can happen faster an cheaper than ever before. You just launched a shiny new site, and your product has been thoroughly tested and debugged — and now you’re in the hot seat (either from investors, co-workers, or yourself) to ramp up your almost non-existent marketing efforts.


Here are 10 relatively lightweight efforts (in no particular order) that just might get you on the cover of your favorite magazine before you know it:


10. Network / Hustle / Get After It: Sure, social tools have facilitated your digital hustle, but there’s no substitute for making great connections in person. Leverage your network to get bloggers, writers, creatives, and fellow entrepreneurs to write about you, think about your work, or at least like you enough to help you out down the road.


9. Add yourself to CrunchBase, which is an publicly editable Wikipedia of tech companies, people and investors.


8. Add yourself to YouNoodle, which is a place to meet other likeminded individuals.


7. Apply and participate in University or city/org sponsored business plan competitions. Keep in mind what the real value is here, it’s not necessarily the 10 or 20k prize money… but the random collection of angel investors, press, and talented technologists/creatives that hang around these events (even on other teams).


6. Add yourself to StartupWeekend’s Startup Database


5. Get to know your local StartupDigest leaders/editors


4. Get to know any local startup aggregators, like Proudly Made In DC or We Are NY Tech


3. Sponsor and attend events like Tech Cocktail or your local BarCamp


2. Apply for incubator/accelerator programs… see #7 for a similar value proposition.


1. Be excellent and build awesome stuff that people talk about.


Are we missing something? Undoubtedly so… let us know below!





Source:http://removeripoffreports.net/

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Friday 14 January 2011

People Making Money Net





Hullabaloo








Wednesday, January 05, 2011




 

"Philanthrocapitalism" and the Lucky Duckies

by digby


If you read nothing else today, be sure to read Cynthia Freeland's piece in the Atlantic about the new super-rich. She discusses what may be the most important aspect of the plutonomy --- the fact that it's unmoored from national allegiance. This is an important insight and gets to what I think is really the big transformation of our time: the unraveling of the nation state. You see it in these international institutions like the IMF and in huge multi-national corporations, of course. But I hadn't realized until I read this just how much the super-rich had adopted a transnational identity.

I'm not entirely sure that it's a bad thing in the long run --- there's nothing that says the nation state is the only possible human organizing principle. It's actually fairly new in historical terms. Something different could feasibly end up being better. But at the moment the only people who are currently benefiting from this new arrangement are the very wealthy and powerful. And there is a very good chance that this will not go well for regular folks in the long run either.

In the meantime, here's what we are dealing with:
If you are looking for the date when America’s plutocracy had its coming-out party, you could do worse than choose June 21, 2007. On that day, the private-equity behemoth Blackstone priced the largest initial public offering in the United States since 2002, raising $4 billion and creating a publicly held company worth $31 billion at the time. Stephen Schwarzman, one of the firm’s two co-founders, came away with a personal stake worth almost $8 billion, along with $677 million in cash; the other, Peter Peterson, cashed a check for $1.88 billion and retired.

In the sort of coincidence that delights historians, conspiracy theorists, and book publishers, June 21 also happened to be the day Peterson threw a party—at Manhattan’s Four Seasons restaurant, of course—to launch The Manny, the debut novel of his daughter, Holly, who lightly satirizes the lives and loves of financiers and their wives on the Upper East Side. The best seller fits neatly into the genre of modern “mommy lit”—USA Today advised readers to take it to the beach—but the author told me that she was inspired to write it in part by her belief that “people have no clue about how much money there is in this town.”

Holly Peterson and I spoke several times about how the super-affluence of recent years has changed the meaning of wealth. “There’s so much money on the Upper East Side right now,” she said. “If you look at the original movie Wall Street, it was a phenomenon where there were men in their 30s and 40s making $2 and $3 million a year, and that was disgusting. But then you had the Internet age, and then globalization, and you had people in their 30s, through hedge funds and Goldman Sachs partner jobs, who were making $20, $30, $40 million a year. And there were a lot of them doing it. I think people making $5 million to $10 million definitely don’t think they are making enough money.”

As an example, she described a conversation with a couple at a Manhattan dinner party: “They started saying, ‘If you’re going to buy all this stuff, life starts getting really expensive. If you’re going to do the NetJet thing’”—this is a service offering “fractional aircraft ownership” for those who do not wish to buy outright—“‘and if you’re going to have four houses, and you’re going to run the four houses, it’s like you start spending some money.’”

The clincher, Peterson says, came from the wife: “She turns to me and she goes, ‘You know, the thing about 20’”—by this, she meant $20 million a year—“‘is 20 is only 10 after taxes.’ And everyone at the table is nodding.”

That's nice. One wonders whether Holly will be "satirizing" the lives of the millions of elderly Americans her father seeks to impoverish with his crusade to destroy social security. A crusade which Freeland inexplicably seems to think is a form of "philanthropy"!


While we may all have our own opinions on whether News Corp’s iPad-bound newspaper, The Daily, is a boondoggle or simply before its time, I think we were all at least looking forward to seeing what it was like. People were curious about Virgin’s Project (though I haven’t heard a word about it since), and naturally want to know what it is that Rupert Murdoch has spent so much money on. We heard a few days back that it would be making its debut on the 19th (with Steve Jobs rumored to be in attendance), but it seems that wasn’t in the cards.


All Things D has learned (from a slip-up at an internal News Corp meeting, no doubt) that The Daily will not, in fact, be launching next week, but has been put off to an unspecified date, probably some time in February. And they blame Apple! The nerve.


Supposedly, The Daily was supposed to take advantage of a new feature in the Apple economy that would push new content automatically to your device or devices. Basically a pay subscription service, like a regular newspaper. But the word is that Apple’s not ready to go live, and they’ve caused News Corp to delay the launch until such a time as the feature is actually complete. Considering that can’t possibly take too long, the source of this information has shared that the delay is on the order of weeks, not months. Or at least, that’s when they’ll announce the next delay.


Paul thinks this thing is going to go down in flames. I’m not so sure, but I do know that the kind of person who buys an iPad is far more likely to be taking advantage of all the free content on the net. They don’t get up in the morning and pick up the Times from their doorstep. They pull their iPad off the nightstand and check their feeds.


That said, if they can even get 5% of the 8-million-strong iPad membership to pay $5 a month, that’s a triumph. It will depend on their opening move, however. If they’re smart, they’ll give it away for a good long time — 90 days, perhaps. If they can run on fumes for that time and then fill the tank when people find they actually like this little app, then they’re fine. But if they try to charge for admission up front, they’ll be high and dry.




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Thursday 13 January 2011

manage personal finances


The theory is simple: "If you don't have the money, don't charge it. Try to leave your credit card at home and only use it to pay bills," advises April Lewis, director of education for Consolidated Credit Counseling Services. Then immediately pay off your credit-card balance. As for old credit-card debt, sit down and commit to paper a plan for paying them off. Go for a quick hit, like paying off the smallest balance first, or decide to take on the highest rate card first. Get the job done.

Here's a second tip: Be proactive about managing your credit. Call up your lender and ask it to lower your interest rate. Usually, lenders will lower callers' rates by 2% to 3%, says Scott Gamm, founder of HelpSaveMyDollars.com. Also check your credit report. You can check your credit for free at annualcreditreport.com, for example. If you see mistakes, contact the credit agencies and get those mistakes corrected. If errors are dragging down your score, eliminating them can boost it to where it belongs and make you eligible for better rates.

2. Think automation

Free online banking tools can make it easier to manage your finances with less work. To help grow your savings, for example, you can schedule regular transfers from your checking account. Manisha Thakor, author of Get Financially Naked: How to Talk Money With Your Honey, suggests setting up the transfer of a set amount of money into your savings account every pay day.

Also automate recurring bill payments so you never miss a due date or pay a late fee, which sends money down the drain. Even without late fees, timely payments are key: 35% of your credit score is based on your ability to make payments on time. If you sign up for automatic payments, however, make sure to check your monthly bills for errors. One other caveat: "Make sure you have enough cushion in your checking account to avoid any overdrafts" before setting up auto-payments, money coach Lora Sasiela says.

LaunchBox Digital, a VC firm specializing in angel, seed, and early stage investments, just wrapped up its third annual 12-week startup mentoring program. Similar to Y Combinator and TechStars, LaunchBox invests seed capital of $20,000 into startup teams and provides them with 12 weeks of education, mentorship, and access to advisers. The following 7 LaunchBox10 companies are graduating from this year’s program and will be going live as part of LaunchBox Demo Day, where the companies will present their businesses to potential investors and strategic partners.


Without further ado, here are the graduates:


CityPockets (Crunchbase profile): Today, we live in the world of the Groupon clone, and thanks to the Google-shunning colossus, “daily deal” websites now litter the Web. These sites have been a big hit among mom and pop shops and small businesses because they can be such an effective way to attract new, local customers. The problem for these merchants, however, has been converting new customers into loyal, repeat visitors. According to LaunchBox, less than 15% of “deal jumpers” return to the same merchant again without another deal offer. On the whole, these merchants struggle to retain the influx of new customers, failing to take the steps to establish that critical, lasting relationship with the consumer.


CityPockets.com is a real-time, self-serve merchant CRM platform that aims to address customer retention issues by allowing merchants to more easily capture user contact info and to offer repeat discounts. In addition, the platform empowers merchants to manage gaps in supply and demand by sending out time-sensitive, limited-quantity offers whenever it makes sense for their businesses. Customers opt-in to follow their favorite merchants via CityPockets’ web and mobile apps.


Businesses interested in being part of the CityPockets Merchant Network can sign up here, and Daily Deal users can sign up at CityPockets.com to access and keep track of all voucher purchases from across popular Daily Deal sites on a single platform, and eventually receive more offers from relevant merchants of their choice.


FiscalPie (Crunchbase profile): FiscalPie breaks down the barrier between personal finance and social networks by providing users with Facebook applications that enable users to compare their finances with others and, in turn, learn how to make more educated financial decisions. One such FiscalPie application, “Retire Where?” shows you which cities you’ll be able to afford in retirement and allows you to compare your it with the future location of your friends.


FiscalPie works to make the myriad sources of financial information on the Web more reflective of your own specific circumstances—while keeping your information private —by creating an anonymous network of people that share similar financial profiles. Until the individual truly becomes part of the conversation, financial information has little significance. FiscalPie is hoping to start that dialog—socially.


HEALTHeME (Crunchbase profile): HEALTHeME delivers treatments that empower those struggling with weight, stress, and mood issues to better manage their health via the web and their mobile phone. The HEALTHeME platform combines clinical treatments and artificial intelligence to create customized behavior modification plans based on users’ lifestyles, health goals, and personality type. HEALTHeME then leverages real-time coaching, social networks and user’s healthcare providers to offer a truly personalized user experience. Would love to see an app for this, too.


Keona Health (Crunchbase profile): Keona Health is a company that optimizes admissions for primary care providers, increasing both productivity and cost savings. Keona’s Patient Decision Support system empowers patients with instant, personalized advice that aims to resolve up to 10% of patient cases at home. Triage nurses review each case, but with the goal of being 5 times faster and with more comprehensive safety checks than before. As a result of the greater emphasis on in-home consultation, when patients need to travel into the office to see a doctor, they should find reduced delays and wait times.


Keona has partnered with UNC and Duke to develop a decision engine that has already analyzed over 1,000 real medical records, and UNC Campus Health Services is acting as Keona’s first beta customer. During 2011, Keona Health plans to expand to several additional universities.


Leaguescape (Crunchbase profile): Leaguescape is a new platform for fantasy sports that combines social gaming and betting and allows you to collect all your fantasy sports leagues in one place. Like the Pokerstars or Full Tilt Poker of fantasy sports, Leaguescape allows fantasy sports enthusiasts to manage and bet on their season leagues and get their daily fix of fantasy sports with a variety of game offerings that enable users to draft, watch, and win on a daily basis.


Drawing on the online poker model, Leaguescape provides all things a fantasy sports bettor could need, including a variety of gaming types, rewards, and promotions.


Slipstream (Crunchbase profile): The likelihood is that your Twitter stream is an unfavorable mix of a few things you care about and a lot you don’t. You don’t want to miss out on important news and events, but you don’t have time to read everything. Slipstream wants to rid your stream of irrelevant Tweets.


Today, Slipstream launched its third prototype, a Chrome extension that lets you hide tweets on Twitter.com. It works seamlessly to help you get rid of things like Foursquare checkins, paper.li mentions, or when people you’re following start live-tweeting events. Gonezo. Simply click the “Hide” link that Slipstream adds to the end of every tweet and begin filtering your stream. It’s that easy.


Spring Metrics (Crunchbase profile): Spring Metrics helps you grow your online business by providing a deeper understanding of your customers and how they interact with your website. Spring Metrics seeks to make complex web analytics more friendly and digestible for marketers and e-commerce professionals who don’t want to wrestle with the complexity of traditional analytics products.


With an easy-to-use interface that requires no coding knowledge, Spring Metrics eliminates the hassle of creating conversion funnels and goals. The company’s real-time dashboard offers an array of conversion-oriented metrics, and the “Insight Engine” unearths actionable patterns in the data—patterns aimed at helping turn more visitors into paying customers.



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Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


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Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).


bench craft company reviews bench craft company reviews

Verizon and Apple Q&amp;A (video) - CNET <b>News</b>

At the iPhone 4 Verizon unveiling, Dan Mead, President of Verizon Wireless, and Tim Cook, COO of Apple, answer questions from the press.

Visualize This: Where the public gets its <b>news</b>

Perhaps the label should be something like “Percentage of respondents.” (The folks who collected the data allowed respondents to cite two “main” sources of news, which confused me.) I'll make the change. Thanks! ...

Bruno Mars Continues Hot 100 No. 1 Rotation with &#39;Grenade <b>...</b>

Bruno Mars circles back to the top of the Billboard Hot 100, as Grenade once again replaces Katy Perry's Firework at No. 1 (1-2).

Monday 10 January 2011

Making Money Opportunities

The last few days have been a blaze of reports about the future of Android and the sub $100 smartphone in 2011. I've been sucked into pieces from Fred, Fortune, Horace, and even some random dude (with good points to make) just as much as the next guy which is why it behooves me to say this now:


If you live in the world of startups (as an entrepreneur, rockstar hacker, seed investor, VC, or even cheerleader) none of this inside baseball stuff about who is going to take market share in the smartphone wars matters to you.


There, I've said it. If you are like me and don't actually follow sports, this whole market share thing is a great substitute.


It's also a big deal for the big tech companies. For instance, at HP we were highly motivated to have Android commoditize smartphones (at least until they went and bought Palm). Google also suffers tremendously if search doesn't port well to this new platform. And clearly Apple (which has already sold Macs to every sucker willing to pay the premium) loves the idea of selling more CPUs to the folks in the cult (me included).


But if you are building the next big SaaS startup? The next social commerce killer app? The next Internet infrastructure bit? You should absolutely not give a shit at all.


In fact, let me tell you what the recipe for determining what your "smartphone strategy" should be:


1. Think hard about whether you can ship an HTML5 version that your customers can find, use, and be delighted by. If so, do that and skip the rest.
2. If the answer to #1 is no, build an iOS app.
3. After you get to a million downloads (yes, 10^6) think about writing a version for Android. But only after you GOTO #1 and re-evaluate that issue.


Before you stop reading, consider this: I have three Android phones. I worked on several Android projects at HP. I love Android, but I love it as a political statement only because Apple's controlling stance on everything creeps me out.


If you want users with credit cards that spend money, mainstream reach, or a platform that actually might make an interesting case for abandoning open standards ("write once, run almost anywhere"), then iOS is it-- for everything else, just be happy the mobile web is now a legit platform to deploy to.


I meet with so many entrepreneurs who run startups and say something like "yeah, we love Android" and then go on to give me a demo on iOS. Why? Because this is where the users are. Not because it is more polished (it is), or because it has a higher quality filter in the AppStore's approval process (it does), but because when you are running a startup, you've got limited resources — and navel gazing about whether the $85 smartphone is going to cause Android to "explode" doesn't help to get you closer to winning, nor does betting precious development resources on political causes (backing the more "open" guy).


But wait, doesn't the openness engender more startup opportunities? Try as I might, I've only found four types of Android specific startup opportunities, none of which have made me particularly excited about investing:


1. Alternatives to key OS functionality (think Swype for the keyboard or Fring for the dialer). Because apps on Android can replace key OS-provided functionality, there are companies trying to invent a better keyboard, a better telephony app, etc. I love Swype (it is super cool), but as a business you only need to look back 15 years at all of the folks who thought they could replace subpar Microsoft-provided functionality for Windows.


2. Enterprise-proofing Android. I think there might be a couple of companies who will build interesting acquisition targets here (especially in the crumbling of the RIM empire) but there is high risk that someone on the actual Android team may wake up soon to the fact that CIOs everywhere (who buy "in bulk") want smartphones made enterprise-safe and thus significantly shorten the runway for all of these startups.


3. Making Android a much better platform for other sensor input. Blood glucose monitors. Bluetooth video cameras. Traffic analyzers. All of these seem to me to be cases for Android's more general form multi-tasking which is quite a bit better than the mongrel Apple shipped, but in the fullness of time, I suspect the folks in Cupertino will catch on to this (or at least the batteries should catch up).


4. Customizing Android for dumb "box maker" OEMs. This is an interesting small business opportunity, but if you want to know what the limited upside is here, just go and find one of the Canonical guys who've been dealing with HP and Dell for years.


Other than that, Android is only better for startups for one Really Big Reason: it puts more HTML5 capable browsers in the pockets of regular users. But guess what? No matter who wins (iOS, Android or even Rim/Nokia), these very capable browsers are now jacks-to-enter in the realm of smartphones.


Smartphones are great for startups, full stop. But Android versus iOS? Sort of like wondering whether the early customers to Amazon.com in 1996 were coming from Windows or Mac. Either way, the big deal was access not whose vehicle you came in.


Ok Go Explains There Are Lots Of Ways To Make Money If You Can Get Fans

from the everything's-possible dept

Over the last few years, we've covered many of the moves by the band Ok Go -- to build up a fanbase often with the help of amazingly viral videos, ditch their major record label (EMI), and explore new business model opportunities. In the last few days, two different members of Ok Go explained a bit more of the band's thinking in two separate places, and both are worth reading. First up, we have Tim Nordwind, who did an interview with Hypebot, where he explained the band's general view on file sharing:


Obviously we'd love for anyone who has our music to buy a copy. But again, we're realistic enough to know that most music can be found online for free. And trying to block people's access to it isn't good for bands or music. If music is going to be free, then musicians will simply have to find alternative methods to make a living in the music business. People are spending money on music, but it's on the technology to play it. They spend hundreds of dollars on Ipods, but then fill it with 80 gigs of free music. That's ok, but it's just a different world now, and bands must learn to adjust.

Elsewhere in the interview, he talks about the importance of making fans happy and how the band realizes that there are lots of different ways to make money, rather than just selling music directly:

Our videos have opened up many more opportunities for us to make the things we want to make, and to chase our best and wildest ideas. Yes, we need to figure out how to make a living in a world where people don't buy music anymore. But really, we've been doing that for the last ten years. Things like licensing, touring, merch, and also now making videos through corporate sponsorship have all allowed us to keep the lights on and continue making music.

Separately, last Friday, Damian Kulash wrote a nice writeup in the Wall Street Journal all about how bands can, should and will make money going forward. In many ways the piece reminds me a bit of my future of music business models post from earlier this year -- and Kulash even uses many of the same examples in his article (Corey Smith, Amanda Palmer, Josh Freese, etc.). It's a really worthwhile read as well. He starts by pointing out that for a little over half a century, the record labels had the world convinced that the "music" industry really was just the "recorded music" industry:

For a decade, analysts have been hyperventilating about the demise of the music industry. But music isn't going away. We're just moving out of the brief period--a flash in history's pan--when an artist could expect to make a living selling records alone. Music is as old as humanity itself, and just as difficult to define. It's an ephemeral, temporal and subjective experience.



For several decades, though, from about World War II until sometime in the last 10 years, the recording industry managed to successfully and profitably pin it down to a stable, if circular, definition: Music was recordings of music. Records not only made it possible for musicians to connect with listeners anywhere, at any time, but offered a discrete package for commoditization. It was the perfect bottling of lightning: A powerful experience could be packaged in plastic and then bought and sold like any other commercial product.

But, he notes, that time is now gone, thanks in large part to the internet. But that doesn't mean the music business is in trouble. Just the business of selling recorded music. But there's lots of things musicians can sell. He highlights Corey Smith and Smith's ability to make millions by giving away his music for free, and then touring. But he also points out that touring isn't for everyone. He covers how corporate licensing has become a bigger and bigger opportunity for bands that are getting popular. While he doesn't highlight the specific economics of it, what he's really talking about is that if your band is big, you can sell your fan's attention -- which is something Ok Go has done successfully by getting corporate sponsorship of their videos. As he notes, the sponsors provide more money than the record labels with many fewer strings:

These days, money coming from a record label often comes with more embedded creative restrictions than the marketing dollars of other industries. A record label typically measures success in number of records sold. Outside sponsors, by contrast, tend to take a broader view of success. The measuring stick could be mentions in the press, traffic to a website, email addresses collected or views of online videos. Artists have meaningful, direct, and emotional access to our fans, and at a time when capturing the public's attention is increasingly difficult for the army of competing marketers, that access is a big asset.



...



Now when we need funding for a large project, we look for a sponsor. A couple weeks ago, my band held an eight-mile musical street parade through Los Angeles, courtesy of Range Rover. They brought no cars, signage or branding; they just asked that we credit them in the documentation of it. A few weeks earlier, we released a music video made in partnership with Samsung, and in February, one was underwritten by State Farm.



We had complete creative control in the productions. At the end of each clip we thanked the company involved, and genuinely, because we truly are thankful. We got the money we needed to make what we want, our fans enjoyed our videos for free, and our corporate Medicis got what their marketing departments were after: millions of eyes and goodwill from our fans. While most bands struggle to wrestle modest video budgets from labels that see videos as loss leaders, ours wind up making us a profit.

Of course, that only works if you have a big enough fanbase, but that doesn't mean there aren't things that less well known bands can use to make money as well. He talks about an up-and-coming band in LA that doesn't even have a manager that was able make money:

The unsigned and unmanaged Los Angeles band Killola toured last summer and offered deluxe USB packages that included full albums, live recordings and access to two future private online concerts for $40 per piece. Killola grossed $18,000 and wound up in the black for their tour. Mr. Donnelly says, "I can't imagine they'll be ordering their yacht anytime soon, but traditionally bands at that point in their careers aren't even breaking even on tour."

The point, Kulash, notes, is that there's a lot of things a band can sell, focusing on "selling themselves." And, the thing he doesn't mention is that, when you're focusing on selling the overall experience that is "you" as a musician or a band, it's something that can't be freely copied. People can copy the music all they want, but they can't copy you. "You" are a scarce good that can't be "pirated." That's exactly what more and more musicians are figuring out these days, and it's helping to make many more artists profitable. And, no, it doesn't mean that any artist can make money. But it certainly looks like any artist that understands this can do a hell of a lot better than they would have otherwise, if they just relied on the old way of making money in the music business.



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AOL Hires Fox <b>News</b> Vet To Double AOL.com Traffic By End Of Winter

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PHOENIX -- A 22-year-old man described as a social outcast with wild beliefs steeped in mistrust faces a federal court hearing on charges he tried to assassinate Rep. Gabrielle Giffords in a Tucson shooting rampage that left six people ...

AOL Hires Fox <b>News</b> Vet To Double AOL.com Traffic By End Of Winter

This might actually be a smart move - the audience is exactly what "wtfinator" described. The news team there is often called out for leaning left in the comments on any stories posted on aol.com. Plays to their core. ...

This Week&#39;s Health Industry <b>News</b> - NYTimes.com

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PHOENIX -- A 22-year-old man described as a social outcast with wild beliefs steeped in mistrust faces a federal court hearing on charges he tried to assassinate Rep. Gabrielle Giffords in a Tucson shooting rampage that left six people ...

AOL Hires Fox <b>News</b> Vet To Double AOL.com Traffic By End Of Winter

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PHOENIX -- A 22-year-old man described as a social outcast with wild beliefs steeped in mistrust faces a federal court hearing on charges he tried to assassinate Rep. Gabrielle Giffords in a Tucson shooting rampage that left six people ...

AOL Hires Fox <b>News</b> Vet To Double AOL.com Traffic By End Of Winter

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PHOENIX -- A 22-year-old man described as a social outcast with wild beliefs steeped in mistrust faces a federal court hearing on charges he tried to assassinate Rep. Gabrielle Giffords in a Tucson shooting rampage that left six people ...

AOL Hires Fox <b>News</b> Vet To Double AOL.com Traffic By End Of Winter

This might actually be a smart move - the audience is exactly what "wtfinator" described. The news team there is often called out for leaning left in the comments on any stories posted on aol.com. Plays to their core. ...

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PHOENIX -- A 22-year-old man described as a social outcast with wild beliefs steeped in mistrust faces a federal court hearing on charges he tried to assassinate Rep. Gabrielle Giffords in a Tucson shooting rampage that left six people ...

AOL Hires Fox <b>News</b> Vet To Double AOL.com Traffic By End Of Winter

This might actually be a smart move - the audience is exactly what "wtfinator" described. The news team there is often called out for leaning left in the comments on any stories posted on aol.com. Plays to their core. ...

This Week&#39;s Health Industry <b>News</b> - NYTimes.com

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bench craft company reviews bench craft company reviews

Arizona Shooting <b>News</b> (LIVE UPDATES)

PHOENIX -- A 22-year-old man described as a social outcast with wild beliefs steeped in mistrust faces a federal court hearing on charges he tried to assassinate Rep. Gabrielle Giffords in a Tucson shooting rampage that left six people ...

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This might actually be a smart move - the audience is exactly what "wtfinator" described. The news team there is often called out for leaning left in the comments on any stories posted on aol.com. Plays to their core. ...

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bench craft company reviews bench craft company reviews

Arizona Shooting <b>News</b> (LIVE UPDATES)

PHOENIX -- A 22-year-old man described as a social outcast with wild beliefs steeped in mistrust faces a federal court hearing on charges he tried to assassinate Rep. Gabrielle Giffords in a Tucson shooting rampage that left six people ...

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This might actually be a smart move - the audience is exactly what "wtfinator" described. The news team there is often called out for leaning left in the comments on any stories posted on aol.com. Plays to their core. ...

This Week&#39;s Health Industry <b>News</b> - NYTimes.com

An F.D.A. panel considers what to do about menthol flavoring in cigarettes.


bench craft company reviews bench craft company reviews

Arizona Shooting <b>News</b> (LIVE UPDATES)

PHOENIX -- A 22-year-old man described as a social outcast with wild beliefs steeped in mistrust faces a federal court hearing on charges he tried to assassinate Rep. Gabrielle Giffords in a Tucson shooting rampage that left six people ...

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Friday 7 January 2011

Making Money With Options


After Taking Big Sugar Money, Florida Ag. Commissioner Adam Putnam Seeks To Halt Soda Ban In Schools


Rep. Adam Putnam (R-FL) has yet to take office in his new role as Florida Agriculture Commissioner, but he’s already making his Big Sugar contributors smile.


Throughout 2010, the State Board of Education has considered banning sugary drinks from Florida schools, including soft drinks, high-sugar juices, and chocolate milk. According to the Orlando Sentinel, Board member John Padget “has been pressing his colleagues for a year to cut out most beverages besides water, pure juice and white, low-fat milk.” Justifying such a move, Padget writes in a Key West Citizen op-ed, is the fact that “over one-third of America’s children are either overweight or obese,” leaving them “often less ready to learn in the classroom.”


A few weeks before the issue was to be considered, the state’s newly-elected Agriculture Commissioner, Adam Putnam, wrote a letter demanding that the Board of Education halt such a move. Putnam criticized the Board for choosing “to focus only on the nutrition content in beverages served in Florida schools,” rather than taking a more holistic approach:


One such area that I look forward to tackling is ensuring that Florida’s students have better nutrition options to reduce obesity and related long-term health risks. This is a topic your Board has discussed recently for possible policy recommendations. However, instead of looking at the entire nutrition intake of students, you have chosen to focus only on the nutrition content in beverages served in Florida schools. It is my belief that any nutrition improvement plan needs to be certain that students are receiving the best possible nutrition package, in concert with total wellness initiatives, to allow them to reach their optimum achievement potential. [...]


First steps would be to take a comprehensive look at current school foodservice offerings, rather than making individual product recommendations that do not address the broader health picture. This comprehensive approach will need time to develop and I would appreciate your Board considering delaying any plans to address just a single component of the nutrition factors and instead allow time for a complete approach to building a healthier generation of Florida students.


As a result, “the Board of Education decided to put off any further discussion of the issue,” Deborah Higgins of the Board of Education’s communications department told ThinkProgress, “until the agriculture commissioner-elect Adam Putnam was sworn in.”


However, campaign finance records show that Putnam is less than an impartial figure in the matter. A ThinkProgress investigation has found that the incoming Agriculture Commissioner has been the benefactor of a significant amount of money from both the sugar and dairy lobby during the campaign – both of whom have a strong financial interest in keeping sugary drinks in schools. Despite Florida’s $500 contribution limit for both individuals and PACs, Putnam received at least $61,000 in campaign funds from sugar and dairy interests, including maxed-out contributions from Coca Cola’s lobbyist in Tallahassee Brian Ballard and a slew of maxed out contributions from the Sugar Barons of South Florida, the Fanjul family.


Following his victory on November 2, Putnam also made a wealthy sugar magnate one of his first appointments. Tracy Duda Chapman, Vice President and General Counsel for the corporate megafarm A. Duda & Sons, Inc., was appointed by Putnam as co-chair of his four-member transition team. Chapman is not just heavily invested in the sugar industry herself. She also serves on the leadership of the Florida Land Council trade association alongside the senior vice president of the US Sugar Corporation, Robert Coker, who also maxed out to Putnam.


There is little doubt that sugarmakers take comfort with Chapman sitting at Putnam’s right hand. Now that Putnam has moved to block a ban of sugary beverages in schools, that faith has been vindicated. In an instance of life imitating art, Florida sugarmakers are proving true the classic Simpsons quote, “In America, first you get the sugar, then you get the power.”


Padget, who has spearheaded this issue for over a year, remains cautiously optimistic. “I think we could have 4 votes for this issue,” Padget told ThinkProgress by phone, which would constitute a majority of the seven-member Board. “Still,” he said, “there is a lot of work to be done. I look forward to Commissioner-elect Putnam’s contributions to this effort.”





It's worth taking a step back from the current politics of the tax cut deal and just thinking about the two basic options here.



Option 1: Let the tax cuts for the rich expire. We keep the tax cuts for income under $250,000. The extensions of unemployment insurance are pared back somewhat, and what's left is paid for by spending cuts elsewhere. There's no payroll tax cut, and the extra funds the stimulus gave to the Earned Income Tax Credit, the Child Tax Credit, and the American Opportunity Tax Credit expire. Perhaps some form of the tax credit for business investment passes during the next Congress.



This means hundreds of billions of dollar less in deficit spending, but also hundreds of billions of dollars less in stimulus. Some families relying on unemployment benefits are cut off, and many more see their checks reduced. Families relying on the tax credits the stimulus expended also find themselves with less money in their pocket. The payroll tax cut is worth about $1,000 to a worker making $50,000, and because they don't get that in their paychecks, that money doesn't make its way into the economy.



Option 2: Extend the tax cuts for the rich and add tax cuts for everyone else. This is the deal we're looking at. The tax cuts for the rich get extended, and the estate tax is lower than its 2009 level (though higher than it's 2010 level). The cost of extending them is about twice as much in progressive tax cuts and unemployment insurance that have a much larger stimulative effect (if you look at the old Mark Zandi estimates, payroll tax cuts and unemployment benefits are among the most stimulative options). The Center for American Progress estimates that this package will create 2.2 million jobs over the next two years.



If you'd offered me these two options three months ago, I'd have taken No. 2. I said then, and I believe now, that the short-term need is more stimulus, not deficit reduction. If the cost of stimulus is tax cuts for the rich, well, that's not ideal, but the stimulus is more important. But No. 2 wasn't on the table.



The Obama White House, in a move I and others lamented, stopped pushing for more stimulus. They didn't say that if the Republicans were going to insist on more tax cuts for the wealthy, the cost would be more help for those who are hurting. They defined success on the Bush tax cuts in terms of the Bush tax cuts, not in terms of economic recovery. This gave the Republicans the ability to position themselves as defenders of the economy: "We shouldn't be raising taxes during a recession," Rep. Kevin McCarthy said.



The way this should have gone is that Democrats should have proposed turning the Bush tax cuts into a two-year payroll holiday, and adding some other relief measures besides. We should be cutting taxes during a recession -- the cuts just shouldn't be focused on the rich. But Democrats didn't run that play. They didn't really run any play. Obama simply opposed the tax cuts for the rich. And so this outcome, in being completely different than the one they said they were going for, is being understood as a loss, and even a capitulation. But they're losing their way into a better deal, and one that looks more like the deal they should've been going for in the first place.



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166188One Responsehttp%3A%2F%2Fwww2.macleans.ca%2F2011%2F01%2F07%2Fthis-weeks-travel-news-33%2FThis+week%27s+travel+news2011-01-07+20%3A17%3A34macleans.cahttp%3A%2F%2Fwww2.macleans.ca%2F%3Fp%3D166188 to “This week's travel news” ...

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